Skip to main content

Day 15 Name five different online payment methods.

Image
By

Most modern online payment services offer easy-to-use, fast and secure ways to pay Here’s a list of some of the most popular online payment services:

Digital Wallet ( E wallet)

A digital wallet refers to software, an electronic device, or an online service that enables individuals or businesses to make transactions electronically. It stores the payment information of users for different payment modes on various websites. 


                    

  1. PayPal

PayPal is one of the most dominant payment methods available today. over 20 million UK shoppers use PayPal each year in the UK and  7 million businesses worldwide use their platform to accept payments. PayPal is an eCommerce payment processing company that allows users to set up a PayPal account and pay a fee for each cash transaction. Many customers prefer to checkout with PayPal because it’s so simple and quick to use.

  1. Amazon Pay

Amazon Pay is another big name in the online payment space. Similar to PayPal, Amazon Pay is a digital payment processing service that allows customers to pay online using their Amazon payment methods on third party websites.

Amazon Pay uses the details already stored on the shopper’s Amazon account to complete the transaction and provide a speedy checkout experience.


  1. eBay Managed Payments

eBay’s managed payment program allows the marketplace to process the payments directly by enabling customers to enter payment information and process payments without having to travel to a third-party site and leave the eBay interface. customers can benefit from a payment experience all through a single site, which includes multiple payment options including credit and debit cards, Google Pay, Apple Pay and even PayPal if they choose.


  1. Google Pay

Google pay is a digital wallet platform and online payment system developed by Google to power in-app, online, and in-person contactless purchases on mobile devices, enabling users to make payments with Android phones, tablets, or watches. Google Pay lets shoppers choose from saved payment methods in their Google account in order to checkout quickly and smoothly on third-party sites. customers can also store branded gift cards, loyalty cards and offers with Google Pay.It's completely free for both merchants and customers to use.


  1. Apple Pay

Apple Pay is a mobile payment and digital wallet service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web using Safari. It offers your customers an easy, secure and faster alternative to traditional credit and debit card payments, as it skips the need to enter long card details and operates with a one-click payment process. The service also allows customers to authenticate their purchase using Touch ID fingerprint sensors on Apple devices, and like Google Pay, it’s completely free for both merchants and customers to use.

Direct debit payments

Direct debit payments are most commonly used for B2B transactions as they allow for recurring, automated payments to be made. The biggest plus of direct debits is the fact that payment is almost instant, so no need to wait for customers to pay an outstanding invoice. On top of this, it’s really convenient for  customers as they don’t have to approve payments or remember to pay; the money is simply taken from their account automatically once the direct debit has been set up. This online payment method would work best for regular invoices such as monthly retainers or subscription-based business models.

Bank transfers

However, despite the fact that online shopping is at an all-time high, consumers still have concerns about security when handing over card details & prefer a bank transfer.

The main benefit of bank transfers is that customers don’t have to disclose any financial details to you in order to make a purchase. bank transfers used for eCommerce payments are only set to grow due to open banking initiatives like PSD2 (Payment Services Directive 2); a legislation to allow non-banks, i.e. retail merchants, to initiate payments without the intervention of traditional card brand networks.

Prepaid cards

Prepaid cards are often used by adolescents or digital shoppers who don’t yet have a bank account. Different from gift cards, prepaid cards are a type of debit card issued by a bank or credit card company and ‘loaded’ with a certain amount of money. The card’s limit is determined by the amount deposited onto the card, and once the balance has been exhausted, the card is worthless until more funds are added.

Gift cards

Similar to prepaid cards, gift cards contain a certain amount of money, however they are mainly offered by retailers and, more recently, by major credit card providers such as Visa, Mastercard and American Express. The most common type of gift card is technically known as a closed-loop card, meaning it can only be used with a particular retailer, although some retail groups will allow the same gift card to be used at other affiliated stores.

Once the sum of the gift card has been spent it can no longer be used, unlike prepaid cards which can be ‘reloaded’ with funds again and again.


‘Buy now pay later’ instant financing

The term ‘buy now pay later’ is used to refer to interest-free credit providers.

Platforms such as Afterpay and Klarna, offer customers a way to spread the cost of their purchase or simply pay for their items at a later date, rather than pay in full upfront.

         

Cash on delivery (COD)

Quite simply, cash on delivery (COD) allows the customer to pay for their goods by cash/card in person directly to the courier at the time of delivery. COD is a popular choice for online shoppers, particularly in countries where cash payments are still dominant, such as India, Bangladesh and Thailand.

One of the main benefits of this payment method for your customers is the guarantee that they will receive the goods they paid for, and not risk losing or wasting any of their money.

They can check the product for any damage before handing over their cash, so it’s possible to return it without paying anything in the first place. In addition to this, customers don’t have to give their financial details to the merchant in order to make an online purchase – something a lot of shoppers prefer as it means they’re not at risk of any online fraud.


                  




Labels

Labels:

Comments

  1. falumarko8 May 2021 at 00:57

    Thank for sharing important information. Buy Verified PayPal Accounts Paypal is a secure payment service.
    100% full of verified personal & business accounts. no limited, active accounts.

    ReplyDelete
  2. NoFeePro28 January 2022 at 14:27

    You are sharing a particularly decent article here. It is a significant and factual article for us. Thankful to you for sharing an article like this.Best Payment Processor For Small Business

    ReplyDelete

Post a Comment

Popular posts from this blog

Software Testing Heuristics and mnemonics.

By
Software Testing Heuristics Heuristics are simply experience-based techniques for problem-solving, learning, and discovery. Where an exhaustive search is impractical, heuristic methods are used to speed up the process of finding a satisfactory solution. Examples of this method include using a rule of thumb, an educated guess, an intuitive judgment, or common sense. When you face a problem, you try some solutions that may work. For instance, if you suddenly find your mobile hang, what do you do? You may restart your mobile first. If that doesn’t work, then you may check & update the latest software and uninstall suspicious apps.if that also doesn’t work, then you reset your phone setting ( Factory reset). Most of us try a number of steps to solve our problems. These steps may not always work but we try them because we know that they may work. Following heuristics can apply to absolutely any kind of system with any kind of interface.  1.Abstract  Remove details in a model. S...
2 comments
Read more

Blog # 9: Say Hello to Alerts! Handling Dialog Boxes in Playwright

By
Alerts and dialogs are common elements in web applications that can interrupt automated test flows if not handled properly. Playwright provides straightforward methods to manage these interruptions, ensuring your tests run smoothly. In this guide, I’ll share how I learned handling three types of dialogs—simple alerts, confirmation boxes, and prompts—using Playwright’s built-in features. Why Handle Dialogs? Dialogs often appear during critical user interactions, such as form submissions, error notifications, or data input requests. If ignored, they can cause tests to freeze or fail. Playwright’s dialog-handling capabilities allow you to: Validate dialog messages. Accept, dismiss, or respond to prompts programmatically. Keep tests resilient and predictable. Let’s explore how to tackle each type of dialog. 1.  Simple Alerts: The One-Way Notification A simple alert is a basic pop-up with an "OK" button. Example Scenario : A basic alert appears, shouting, "I am an alert box!...
Post a Comment
Read more

A Beginner's Guide to Playwright Testing with JavaScript: 4- A Deep Dive into Playwright Assertions

By
  Ever spent hours debugging a test only to realize you forgot to check if a button was actually clickable? In web testing, the devil's in the details—and that's where assertions become your best friend. Let's explore how Playwright's assertion library can transform your testing strategy, using the popular The Internet testing playground. Why Assertions Matter Assertions are the backbone of any meaningful test. They're the checkpoints that scream, "This works!" or "Something's broken here!" Playwright's built-in expect library shines when testing real-world scenarios like authentication flows and dynamic content. Let's Start Testing: A Real-World Scenario We'll be testing key features of The Internet playground. Here's our foundation: Now let's add powerful assertions. Validating Content: Is What You See What You Get? 1. Page Titles: Your First Line of Defense Verify you're on the correct page immediately after na...
Post a Comment
Read more

What is Agile?

By
                              Recently I did a presentation after almost 20 years at a Bootcamp showcase on Agile. As Agile celebrated its 20th anniversary this year I decided to talk on what Agile is? Below are the few drops from Agile's ocean which I managed to pour during my showcase. What is Agile Software Development? Agile is a time boxed, iterative approach to software delivery that builds software incrementally from the start of the project, instead of trying to deliver it all at once near the end. It works by breaking projects down into little bits of user functionality called user stories, prioritizing them, and then continuously delivering them in short time cycles called iterations.                In iterative development, feature code is designed, developed and tested in repeated cycles. With each iteration, additional features can...
Post a Comment
Read more

Risk Storming for Vending Machine

By
  In the 4th session of Testing Bootcamp Beth Marshall introduced us to a very interesting game of Risk Storming. It's a  collaborative and visual technique for identifying risk and planning the Test Strategy accordingly .You can  use a Test Sphere card deck from Ministry of Testing or go to https://riskstormingonline.com/   Risk Storming takes you through three phases to get the answers. Which quality aspects matter most for your product? What risks could impact these important aspects? How can you test to make sure those risks don’t happen?     Our task was to risk storming to test the Vending Machine . And here is my take on it.                               Quality Aspect Functionality  Does it accept and return both coin and cash correctly? BOUNDARY VALUE TESTING Does it drop the selected product correctly? INTEGRATION TESTING , BUSINESS SCENARIOS , PURPOSE Is the k...
Post a Comment
Read more

What is Quality

By
  ✨ What is Quality? Quality means different things to different people. For some, the brand Apple 🍏 is synonymous with quality. For others, it’s difficult to define quality, but surprisingly easy to recognize based on their experiences. A quality product or service is one that satisfies customer needs and meets (or even exceeds!) their expectations. When you receive quality, in whatever form, you're eager to get more. You want to return for another purchase, refer the product to friends, and talk about it publicly. Quality is what we should aim for to ensure returning customers and a strong brand as a company. According to IEEE , quality is defined as “The degree to which a component, system, or process meets specified requirements and/or user/customer needs and expectations.” 📈 👥 Who is Responsible for Software Quality?   Everyone involved in a software project—including the Product Owner , Scrum Master , Developer , Tester , and other stakeholders such as the Business ...
Post a Comment
Read more